Comment Re:What? (Score 1) 514
The fact that bad trades and unstable market bubbles happen doesn't negate the value of trade. People do stupid things sometimes. Sometimes large groups of people do stupid things..
The stimulation for dealing with a problem like a need for new sources of energy is the increase in cost of the old sources. You appear to think it would be better to have a top down directed system where people are told what to produce based on your determination of the relative value, but I think it works better when people make their own decisions based on their perception of value (google "invisible hand") If people want trinkets more than fuel, they should buy trinkets. If you want fuel more than trinkets, spend your money on fuel - that demand will stimulate production.
You are completely ignoring the time and capital investment required to make production facilities. This is known as "barrier to entry" and prevents the rapid commoditization of many products. You are also assuming an asymptotic endpoint of zero-margin production while discounting the wealth that can be accumulated before that endpoint is reached. My wealth point has nothing to do with trade - it was to address your statement
"Wealth comes from two places and two places only: new natural resource discoveries and improvements in efficiency (i.e. scientific, technological and business process discoveries)."
Which totally discounts work, skill and time. Piano tuners don't have any discoveries, or consume natural resources, yet they create wealth by the hour. The service economy runs almost entirely outside of your overly narrow wealth creation definition. Since it is the largest component to the US GDP, I think you've missed something important and should rethink it.